Federal Reserve Chairman Jerome Powell violates the graduates of Princeton

Federal Reserve Chairman Jerome Powell He encouraged students to consider a profession in public service and stressed the importance of risk and showing the initiative while speaking to a graduation lesson at Princeton University for the year 2025 on Sunday.

“A mixture of luck, the courage to make mistakes and the small initiative can lead to great success,” Powell said at the Brentstone baccalaureate ceremony. New Jersey. “But I know this: The world needs you more than personal achievements and individual success. I strongly urge you to find time in your career for public service.”

Powell, who served as the sixteenth president of the Federal Reserve since 2018, spoke frankly, to get students out of his time in his mother – from which he graduated in 1975.

The American banker and lawyer, who grew up in Washington, DC He specialized in politics in Princeton, who said he focused on playing guitar more than his studies during his first year at the university. Although his grades improved by his upper year, he graduated from the private IVY League University without a plan.

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“For those of you who are not essentially sure about your way, you were,” Powell said.

In the months following graduation – and since his colleagues and friends went to work on them Wall Street Or a study in graduate schools – Powder stickers on the shelves in a warehouse. However, by the next fall, the Faculty of Law entered ready to achieve the utmost benefit from this opportunity.

“We all move in our pace, and that’s good,” said Powell.

While admitting that everyone is a continuous work, Powell called for students to continue learning and focus on self -improvement throughout their lives. But while hard work, design and creativity are important, he has also realized that luck also played a role in his success.

“I was really lucky – starting from birth,” he said.

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the Federal Reserve Chair He urged the graduation category to risk, and he admitted that many of them may be required from one day to play leadership roles in their career. He said that when it is time, it is normal not to feel prepared – a feeling of hair himself.

“Just know that no one is really ready,” said Powell. “All I can say is to go for that! … Be the leader from which people can learn, the person who wants people to work for.”

In addition, Powell said that some of the most pivotal moments of his life can be returned to the moments when he took an initiative – which was called “missile lifestyle”.

Powell talked about a time when he was a small partner and made courage to present himself to Nicolas F. Brady – the man who managed his company. At the bottom of the line, Brady became the Minister of the US Treasury and asked Powell to serve under his leadership as an assistant secretary of the Treasury – a role he called Powell “Gate” to appoint him to the Federal Reserve.

Powell said: “If I do not force myself to take this risky step, which is likely to be embarrassing, I will not be here today,” Powell said.

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The President of the Federal Reserve also urged students to find time in their career for public service and think about how to continue building on previous generations in their efforts to preserve and enhance American democracy.

“While you move in the world of bright capabilities awaiting you, I urge you to face the challenge and the opportunity to serve your citizens,” he said. “You will never regret this choice.”

He said that Powell talked about the challenges in the federal reserve, and how amid the Covid-19 pandemic, the employee employees ascended job to take a set of measures to support the economy.

He said: “Their collective efforts saved our economy, and civilian employees deserve our respect and gratitude. It is a great honor to serve them alongside them.” “This is similar to the public service.”

Powell concluded his statements by reminding students that their lives are important and encourage them to live with integrity.

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“After fifty years have passed, you will want to be able to look at the mirror and know that you did what you thought was right, in every part of your life,” said Powell.